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Market Impact: 0.32
Turkey Shuts Down Three Brokerage Firms With Ties to Fund Crisis
Source: Bloomberg
Regulation & LegislationBanking & Liquidity
Turkey’s market regulator shut down three brokerages whose funds are set to be liquidated, putting hundreds of jobs in doubt. The closures add to turmoil in the industry; the article provides no financial figures or broader market reaction.
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